Guangdong Hongda Holdings Group Dividends and Buybacks
Dividend criteria checks 4/6
Guangdong Hongda Holdings Group is a dividend paying company with a current yield of 1.45% that is well covered by earnings.
Key information
1.5%
Dividend yield
-0.9%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 7.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 66% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002683's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002683's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Guangdong Hongda Holdings Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002683) | 1.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (002683) (up to 3 years) | 2.0% |
Notable Dividend: 002683's dividend (1.45%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002683's dividend (1.45%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.1%), 002683's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.9%), 002683's dividend payments are well covered by cash flows.